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Raymond James Financial Reports Fiscal Third Quarter of 2024 Results
July 24, 2024 4:11 PM EDTST. PETERSBURG, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- Record client assets under administration of $1.48 trillion and record Private Client Group assets in fee-based accounts of $820.6 billion, up 15% and 18%, respectively, over June 2023Domestic Private Client Group net new assets(1) of $16.5 billion for the fiscal third quarter, annualized growth from beginning of period assets of 5.2%Record quarterly net revenues of $3.23 billion, up 11% over the prior years fiscal third quarter and 4% over the preceding quarterQuarterly net income available to common shareholders of $491 million, or $2.31 per diluted share; quarterly adjusted net income available to common... More
